• jobmaker
    JobMaker Hiring Credits: What We Know So Far
    We’ve had quite a few questions about the JobMaker hiring credit announced in the 2020-21 Federal Budget. The legislation enabling the JobMaker scheme has not passed Parliament as yet and until this occurs, the JobMaker rules are not certain and may change. More details should be available soon and we’ll […]
  • tax loss
    Refunds for Tax Losses
    If your company has made a loss, you may be able to claim a tax refund for tax previously paid on profits.  In the 2020-21 Federal Budget, the Government announced that businesses with turnover under $5bn* will be able to offset any losses made between 2019-20 and 2021-22 against previously […]
  • investment
    Tax Deductions for Investing in Your Business
    Stimulating investment is high on the Government’s agenda. To encourage spending, the 2020-21 Budget introduced a measure that allows businesses with turnover under $5bn* to immediately deduct the cost of new depreciable assets and the cost of improvements to existing assets in the first year of use. This means that […]
  • system-outage
    ATO Extends JobKeeper Monthly Declaration After System Downtime
    Despite the business monthly declaration for October JobKeeper payments due on 14 November, the ATO had scheduled its system maintenance for online services for agents over the weekend, effectively affecting access over both days. As such, the ATO has now confirmed it will continue to accept and process late declarations. […]
  • best-worst-smsfs
    3 Best and Worst Super Funds Revealed
    Source: NestEgg Stockspots 2020 Fat Cat Funds report has stated that poor performance is largely due to higher fees, with CEO Chris Brycki highlighting to consumers they would be $200,000 better off if they are in a fund charging less than 1 per cent instead of paying 2 per cent. “One […]
  • Australian Tax Office
    ATO Flags Key Early Access to Super Dates
    In an online update, the ATO said that ATO offices will generally be closed from midday of 24 December 2020 to the start of business on 4 January 2021. The last fund files prior to Christmas will be sent on 24 December 2020 – this will include all approvals up […]
10 November 2020
smart-debt

When Should You Use Debt?

Source: NestEgg Despite record-low interest rates and changes to credit regulation making it easier for consumers to get a loan, a wealth educator has urged Australians to keep their debt low in order to build wealth. In a conversation with nestegg, Minnik Chartered Accountants director and wealth educator Leah Oliver […]
26 June 2018

Simple Steps Can Have a Big Impact on Your Money Situation

Taking a few simple steps can be the difference between forging ahead financially and merely coasting along. And, action – rather than inertia – can pay off in regard to both saving, and making money. Take a Closer Look at Key Service Providers On the savings front, sticking with the […]
5 June 2018

What to Expect (Financially) When You’re Expecting

No matter how many pregnancy and parenting books you read, nothing can truly prepare you for becoming a parent. But one thing you can do is get your finances in order. As part one of our two-part series on preparing for a new baby, here’s a guide to what to […]
10 May 2018

Get Strategic to Protect Against Volatile Markets

With major markets caught in a wave of volatility, many investors have started to question the composition of their share portfolio. We appreciate that investors can find it hard to make the right decisions in the best interests of their entire portfolio when capricious markets are accompanied by “noise”. We have three forensic […]
23 April 2018

Crypto Rules are Changing – This Is What You Need to Know

As cryptocurrency regulations shift further in line with general bank transactions rules, investors should remember that ignorance is no virtue, a tax expert has said. New rules requiring that cryptocurrency exchanges sign up to the Digital Currency Exchange Register, and have transactions exceeding $10,000 reported to anti-money laundering and financial […]
24 July 2017

Importance of Financial Projections

In order to get the attention of serious investors, it is important to have realistic financial projections incorporated into your business plan. Projections can be a tricky business as you try to anticipate expenses while trying to predict how quickly your business will grow. Nobel Thomas can help you with […]
29 June 2017

Importance of Financial Projections

t is important to prepare regular financial projections and cash flow forecasts as these provide useful information as to the expected financial position of your business. In most cases, banks and funding bodies will request financial projections when businesses are applying for finance. A cash flow projection shows how cash […]
5 April 2017

Survival Kit for Cash-Strapped Businesses

Being cash-strapped in your business can be soul destroying with all your hard work leading to what feels like nothing – but help is on the way. Hopefully, you can follow a few of the steps below and put them in your game plan for surviving this challenging time and […]
5 January 2017

Top Financial Apps for 2017

Banking and managing money keeps getting easier and easier. I don’t know how long it’s been since I’ve had to actually go to a bank to deposit a check. Just today, I settled up some vacation expenses among friends without ever leaving my armchair. Personal finance apps help us remember […]
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